Parts and Accessories of Vehicles of Headings 8711 to 8713

Código 8714 (Harmonized System 2012 by 4 digits)

 2021: US$780M, Total Trade Exchange

2021: US$119M, International Sales

  2021: US$661M, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Parts and Accessories of Vehicles of Headings 8711 to 8713 was US$780M.

In 2021, the states with the most international sales in Parts and Accessories of Vehicles of Headings 8711 to 8713 were Baja California (US$46.8M), Coahuila de Zaragoza (US$23.5M), Yucatán (US$14.3M), Tamaulipas (US$10.5M), and Querétaro (US$9.85M).

The states with the most international purchases in 2021 were Ciudad de México (US$367M), Jalisco (US$105M), San Luis Potosí (US$42M), Chihuahua (US$24.3M), and Baja California (US$22.3M).

In 2021, the main commercial destinations of Parts and Accessories of Vehicles of Headings 8711 to 8713 were United States (US$111M), Brazil (US$2.86M), Canada (US$878k), Thailand (US$655k), and Cuba (US$197k).

The main commercial origins of Parts and Accessories of Vehicles of Headings 8711 to 8713 in 2021 were China (US$514M), United States (US$46.2M), India (US$38.7M), Taiwan (US$17.9M), and Canada (US$8.76M).

In the global context, the main exporting countries of Parts and Accessories of Vehicles of Headings 8711 to 8713 in 2020 were China (US$7.21B), Japan (US$1.78B), and Italy (US$1.15B). In the same year, the main importing countries of Parts and Accessories of Vehicles of Headings 8711 to 8713 were Germany (US$2.7B), United States (US$1.53B), and Netherlands (US$1.14B).

Trade Balance of Mexico

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Net Trade Balance

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US$780M, Total Trade Exchange (2021)

In 2021, the total trade exchange of Parts and Accessories of Vehicles of Headings 8711 to 8713 in Mexico (including international purchases and sales) was US$780M.

The visualizations show the net balance of Parts and Accessories of Vehicles of Headings 8711 to 8713 at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.

Net International Trade

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December, 2021

  • US$84.6M, International Purchases
  • US$10.2M, International Sales

In December 2021, international sales of Parts and Accessories of Vehicles of Headings 8711 to 8713 were US$10.2M, while international purchases reached US$84.6M. The above results in a trade balance of -US$74.3M.

Market Concentration

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2021-Q4: US$23.9M, International Sales

The visualization shows the quarterly concentration of international sales of Parts and Accessories of Vehicles of Headings 8711 to 8713 at state level.

In the fourth quarter of 2021, international sales were US$23.9M, being the states with the most sales Baja California (US$12.5M), Querétaro (US$4.38M), and Tamaulipas (US$2.64M).

Exchange by Territory

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International Sales

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Baja California: US$46.8M, State with the Most International Sales (2021)

United States: US$111M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Parts and Accessories of Vehicles of Headings 8711 to 8713 were Baja California (US$46.8M), Coahuila de Zaragoza (US$23.5M), Yucatán (US$14.3M), Tamaulipas (US$10.5M), and Querétaro (US$9.85M).

In 2021, the countries with the most international purchases from Mexico were United States (US$111M), Brazil (US$2.86M), Canada (US$878k), Thailand (US$655k), and Cuba (US$197k).

International Purchases

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Ciudad de México: US$367M, State with the Most International Purchases (2021)

China: US$514M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Parts and Accessories of Vehicles of Headings 8711 to 8713 were Ciudad de México (US$367M), Jalisco (US$105M), San Luis Potosí (US$42M), Chihuahua (US$24.3M), and Baja California (US$22.3M).

The countries with the most international sales to Mexico in 2021 were China (US$514M), United States (US$46.2M), India (US$38.7M), Taiwan (US$17.9M), and Canada (US$8.76M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Parts and Accessories of Vehicles of Headings 8711 to 8713  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Parts and Accessories of Vehicles of Headings 8711 to 8713. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.

Origins and Trade Destinations

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  • 0.48%, Mexican share in global exports - 2020
  • 1.73%, Mexican share in global imports - 2020

The visualizations show the global market for Parts and Accessories of Vehicles of Headings 8711 to 8713. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Parts and Accessories of Vehicles of Headings 8711 to 8713 were China (US$7.21B), Japan (US$1.78B), and Italy (US$1.15B). In the same year, the main importing countries for Parts and Accessories of Vehicles of Headings 8711 to 8713 were Germany (US$2.7B), United States (US$1.53B), and Netherlands (US$1.14B).